The Zero Knowledge Proof (ZKP) project has officially introduced a daily presale auction aimed at creating a transparent and auditable crypto ecosystem. This initiative revolves around the distribution of 200 million ZKP coins each day, a method designed to democratize access and participation within the cryptocurrency space.
Unlike traditional presale models that often favor early investors or insiders, the ZKP presale employs a unique proportional allocation system. This ensures that each participant”s share depends on their contribution relative to the total pool available on that day. With a total presale pool of 90 billion ZKP coins, representing 35 percent of the overall supply, the structure promotes fairness and mitigates the influence of large investors.
One of the standout features of this presale is its on-chain transparency. Participants can verify allocations and transactions in real-time, enhancing trust within the community. Additionally, the project currently supports a live testnet, allowing users to explore the platform”s functionalities without any financial risk. This testnet supports both Ethereum Virtual Machine (EVM) and WebAssembly (WASM) runtimes, offering tools such as an Explorer and a Faucet for user accessibility.
Understanding the Daily Presale Auction
The ZKP presale auction operates as a continuous 24-hour cycle of price discovery. Each day, a new window opens based on Coordinated Universal Time (UTC), during which 200 million coins are released. The allocation is determined by contributions made within that specific timeframe, ensuring that every participant has a fair chance to acquire ZKP tokens.
To participate, users connect their wallets—such as MetaMask, Coinbase Wallet, or Trust Wallet—and input their desired contribution amount. The system provides an estimated share in real-time, allowing for informed decision-making. Once the auction round concludes, all contributions are verified on-chain, and coins can be claimed through the user dashboard.
Innovative Proof Pods Enhance Participation
Another critical aspect of the ZKP project is the introduction of Proof Pods, which are small, WiFi-enabled devices that facilitate the generation of zero-knowledge proofs for compute tasks. These devices earn ZKP coins based on the work completed, linking participation directly to measurable output. They are shipped worldwide and designed for ease of use, requiring only a simple WiFi setup.
Users can upgrade their Proof Pods from Level 1 to Level 300, with each upgrade costing $100. The earnings potential is directly tied to the previous day”s presale auction price, creating a dynamic and engaging method for users to increase their rewards.
In conclusion, the Zero Knowledge Proof project showcases an innovative approach to cryptocurrency distribution and community engagement. By focusing on operational mechanics that are already in place, it sets itself apart from other projects that often rely on future promises. The combination of a daily presale auction, a public dashboard for claims, and the unique Proof Pods positions ZKP as a noteworthy contender in the rapidly evolving crypto landscape.
As the presale progresses, the urgency created by its mechanics may drive increased participation and interest, further solidifying ZKP”s potential in the market.
